Posts Tagged ‘cash advances’

Top Tips for Parents on Saving Money During the Summer Holidays

Friday, July 22nd, 2011

Many of us here at Loan Advances understand that our lives now become that little bit harder with the breakup of children for their 6 week summer holidays. Yes, the teachers do deserve a break as they finish the long term and so do the children and young people after a long term studying hard. ”But do they really need 6 weeks?” has been a regular part of the conversation in the LoanAdvances.com payday loans offices for team members who have children. As a parent myself I enjoy spending as much time as possible with my children, but the financial cost of entertaining them can add up. A trip to the park, albeit free, often has to include ice cream, drinks or anything else that takes there fancy after they have spent 2 hours running around. To help parents with the financial demands of the summer holidays I have decided to list some tips for parents who want to save their pennies during the (hopefully) sunny break:

  • Take sandwiches on your outings – this will save you a fortune on cafe/restaurant costs
  • Look for coupon deals online through money saving websites – if you feel that you need to dine out whilst you are out with your children, then take advantage of the money saving deals out there
  • Don’t spend a fortune on expensive gadgets for your children to play locked away in their bedrooms as the sun shines outside (again, hopefully!). Engaging directly with children is far more beneficial for their emotional development!
  • Go local to find free days out – a walk in the local forest or down a beach near to where you live and, although there may be some moaning about the trip, children love playing outdoors
  • Team up with friends and have joint trips together – this will save money on fuel costs as well as giving adults and children additional company – BBQ and game of rounder’s anyone?
  • Payday Loans Repayments

    Tuesday, July 19th, 2011

    An issue that needs some clarity is the repayment of payday loans, and how this is achieved. When taking out a payday loan you will need to repay the funds at the end of the month, or an agreed repayment date that is set with the lender. When you complete the Loan Advances application form you will need to include your payment dates (the date your wages are credited to your bank account) as this will be used to assess the date of repayment.

    Once the money has been repaid your debt is then cleared and you would be free to apply again for another loan if you needed to. It is never advisable to use a cash advance more than once as this could then lead to a cycle of debt which could be difficult to escape – if you feel that you are becoming reliant on this type of credit as a source of income it is advisable to contact some of the free debt charities that exist (some of which are featured on our resources page).